skreidle: (Default)
posted by [personal profile] skreidle at 02:14pm on 2010-02-08
a) Didn't close the date link.
b) I have no idea what the 'invisible hand' is/is about, and without that info, this doesn't stand alone very well.
eftychia: Me in poufy shirt, kilt, and Darth Vader mask, playing a bouzouki (vader)
posted by [personal profile] eftychia at 03:03pm on 2010-02-08
(a) Thanks. Fixed.

(b) The invisible hand is an anthropomorphic (or at least intent-ascribing) metaphor for the tendency of economic forces to seek some sort of equilibrium. I've been hearing the phrase tossed around sans footnotes, or at most clarified with "Adam Smith's invisible hand", since I was in high school, so it didn't occur to me that it wasn't a nearly-universal meme in English. Hmm. Maybe I should add a footnote pointing to this comment ... (Also, thanks for pointing out that problem as well.)

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